Harena Rare Earths (HREE) has issued 30 million new shares to complete the £450,000 investment into the company by RAB Capital, the well-known mining investment fund.
RAB’s latest investment was first announced in October 2025, and the proceeds of the £450,000 subscription were received in the same month. Following Harena’s AGM in December, and with new prospectus rules coming into effect, the company has now issued the shares.
Following admission RAB Capital is expected to hold just over 58 million shares, representing approximately 9.8 per cent of the issued share capital.
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RAB’s depth of mining investment expertise goes back decades, so it’s a ringing endorsement of Harena that it’s taken such a significant position on the register. Harena is moving towards development now at the Ampasindava rare earths project in Madagascar, and has been marketing heavily in the US. It will also have a presence at the Indaba conference in Cape Town next month, where it will likely generate significant attention.


